Fidelity Bank Receives Prestigious Awards from GIRSAL for Outstanding Contribution to Agricultural Sector

We have been recognized for our outstanding contributions to agricultural lending in Ghana, receiving two prestigious awards from the Ghana Incentive-based Risk Sharing System for Agricultural Lending Project (GIRSAL). We were named the Most Responsive Partner Financial Institution of the Year and earned the Highest Staff Participation in GIRSAL's Agricultural and Agribusiness Finance Training Program.

Our collaboration with GIRSAL, initiated in July 2019, has significantly strengthened our position in the agricultural space. Through this partnership, we have provided guarantees for facilities and technical expertise on a case-by-case basis, resulting in a robust Agric portfolio. We have played a vital role in supporting various actors within the agricultural ecosystem, including input providers, primary producers, aggregators, processors, and exporters. We have leveraged GIRSAL's expertise to navigate challenges, providing funding of GHS 135 million across various value chains in the sector.

The "Most Responsive Partner Financial Institution of the Year" award recognizes our steadfast dedication to agility and proactive problem-solving. This dedication was exemplified during the Akosombo Dam spillage last year, when we swiftly collaborated with GIRSAL to provide crucial assistance to affected clients. Our prompt action, fueled by deep industry knowledge and seamless collaboration with GIRSAL's technical expertise, ensured rapid and effective support for our clients, solidifying our position as a reliable partner in navigating unexpected challenges.

Additionally, our commitment to continuous learning and skill development is unparalleled in the sector, reflected in our record-breaking participation in GIRSAL's training programs. Sending over 120 staff members, from credit officers to relationship managers, to gain specialized expertise in agribusiness finance, we have demonstrably invested in our workforce's capability. This dedication to upskilling has resulted in a highly knowledgeable and capable team, equipped to provide the most informed and effective support to agribusiness clients. This unwavering commitment to employee development earned us the well-deserved recognition of "Highest Staff Participation in GIRSAL's Agricultural and Agribusiness Finance Training Program," solidifying our position as a leader in building a skilled and empowered workforce for the agricultural sector.

Julian Opuni, our Managing Director, expressed his gratitude for the recognition and reaffirmed our commitment to working alongside GIRSAL to drive positive change. "We are committed to growing the agriculture sector to ensure that, as an indigenous bank, we will be at the forefront of impacting the agriculture sector," he stated. He reaffirmed our dedication to doing more, emphasizing the potential within agriculture cannot be underestimated.

These awards serve as a significant milestone in our journey to empower the Ghanaian agricultural sector. We have consistently demonstrated our dedication to providing financial solutions and expert guidance to businesses across the entire agribusiness value chain. With our unwavering dedication, collaborative spirit, and innovative initiatives, we are poised to play a vital role in unlocking the full potential of Ghana's agricultural sector, paving the way for a more prosperous and sustainable future for all.

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